Common use of Purchase Money Security Interests Clause in Contracts

Purchase Money Security Interests. 7.1 The Supplier retains title to and has a purchase money security interest in all Goods and any and all proceeds derived directly or indirectly from any dealing with such Goods within the meaning of sections 14 and 32 of the PPSA until such a time as all Secured Money has been paid to the Supplier.

Purchase Money Security Interests. 7.1 The Supplier retains Suppliers retain title to and has have a purchase money security interest in all Goods and any and all proceeds derived directly or indirectly from any dealing with such Goods within the meaning of sections 14 and 32 of the PPSA until such a time as all Secured Money has been paid to the SupplierSuppliers.